Weekly market summary
Weekly market update – week ending 23 October 2026
Mortgage rates kept edging up this week ahead of the Reserve Bank's OCR review on 28 October, and more clients are choosing to fix rather than float.
· 6 min read
Lowest advertised: 6 months 4.79% · 1 year 4.99% · 2 years 5.29%
Lowest 1 year 4.99%
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Every NZMAI weekly market summary for New Zealand mortgage advisers: lenders' rate moves, the OCR and what changed this week.
Weekly market summary
Mortgage rates kept edging up this week ahead of the Reserve Bank's OCR review on 28 October, and more clients are choosing to fix rather than float.
· 6 min read